Airbnb vs. Long Term Rentals. What do you need to know?

Owning a short term rental (such as a property marketed and "rented" via Airbnb) is a completely different experience and process than owning a long term rental, but many people don't fully understand how different it really is. A short term rental is more like a business, with more overhead, more work, and (hopefully) more income. But the differences don't just end there - from HOA and city regulations, to the protections offered against a bad guest/tenant, to the flow of money and needs for reserves, etc., these two rental strategies differ at just about every juncture. And so in this episode, we dig into these differences to discuss the pros and cons of renting short term vs. long term.

 As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (864) 735-7580 or by email at smccune@cdanjoyner.com.